StubHub Provides a Look Inside 2009 Concert Revenue
The majority of data released from one of the top ticket vendors in the music business provides top grossing tour information along with year-over-year data. Some of the overall trends for the year included increases in revenue for StubHub (40%) and declining ticket prices (16%). Ticket volume shot up 65% for the year as concert goers were able to attend more shows on the reduced ticket prices.
Gross Sales leaders for 2009 included some familiar names with U2’s 360 degree tour leading all time sales for StubHub. Behind U2 was Bruce Springsteen, Phish, Taylor Swift, and Britney Spears. More common names completed the top 10 list with Dave Matthews at 6, Elton John, Jonas Brothers, Kenny Chesney, and Metallica. U2 had the top 9 selling shows in 2009 with Bruce Springsteen coming in 10th with his show at Giants Stadium in October.
There were a number of tickets the common ticket buyer would have trouble purchasing with the most expensive ticket being a $424 ticket for the Rock And Roll Hall of Fame Benefit Concert. Phish also had a couple very expensive tickets with individual prices in the $300 range for a couple of shows they had in March at the Hampton Coliseum.
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